Newport Beach - Beach Property For Sale #5732100

Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative, turnkey investment property directly on one of the most beautiful bay beaches in Newport Beach--just a block from the ocean. With breathtaking 180-degree harbor views, generous square footage, and a price per square foot that makes this an incredible value, this is one of the most compelling opportunities on the market today.
Two Units, Flexible Layout
Lower Unit: Approx. 1,100 sqft | 2-BD/2-BA
Upper Unit: Approx. 1,890 sqft | 3-BD/2-BA + sunroom/bonus room; Currently configured as a spacious owner's unit with vaulted ceilings and abundant natural light, but can easily be reconfigured into two separate units thanks to three separate meters.
Recent Upgrades: Renovated bathrooms, modernized kitchens, updated carpet, lighting, and fresh paint. Move-in or rent-ready.
Rare 4-Car Garage + two laundry areas for added convenience.
Rental Investment Potential:
Projected rental income: approx. $16,500/month
Eligible for condo conversion (with city approval)--unlocking additional upside potential
Incredible Value Backed by Sales Data:
1801 W. Bay sold for $4.2M in Sept 2023--without the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021.
At today's price, 1809 W. Bay is significantly under market value given the view, square footage, and investment upside
Back on the market after falling out of escrow due to buyer non-performance, the seller is motivated and says: bring all offers. Whether you're a seasoned investor or simply looking for an iconic bayfront lifestyle, this property checks every box.